BDL · FLANIGANS ENTERPRISES INC
Flanigan's Enterprises, Inc., together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. The company operates through Package Stores and Restaurants segments. It also operates package liquor stores under the Big Daddy's Liquors and Big Daddy's Wine & Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan's Seafood Bar, Flanigan's, and Grill service mark that provide alcoholic beverages and full food services. The company was incorporated in 1959 and is based in Fort Lauderdale, Florida.
Cap structure and valuation
| Cap structure | |
|---|---|
| SP | $42.10 |
| SO | 1.9M |
| Options | 0.0M |
| Warrants | 0.0M |
| FD SO | 1.9M |
| MC | $78.3M |
| Cash | $22.8M |
| Total debt | $19.9M |
| EV | $75.3M |
| TTM Multiples | |
|---|---|
| EV / Revenue | 0.4x |
| EV / EBITDA | 5.0x |
| MC / Net Income | 8.3x |
| EV / FCF | — |
| MC / FCF | — |
| Ownership & coverage | |
|---|---|
| Institutional | 10.4% |
| Insiders | 79.1% |
| # Institutions | 13 |
| Analysts | 0 |
| Consensus | — |
| Avg target | — |
| Short % float | 1.0% |
| Days to cover | 0.48 |
MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-05-11. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-07-13 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-06-29; the float denominator can be unreliable on tiny floats.
Financial statements
| 3/28/26 | 12/27/25 | 9/27/25 | 6/28/25 | |
|---|---|---|---|---|
| Total Revenue | 56.52 | 52.57 | 50.00 | 52.16 |
| Revenue YoY % | 5.9% | 5.1% | 9.3% | 6.2% |
| Gross Profit | 5.65 | 3.08 | 3.05 | 4.06 |
| Gross Profit YoY % | 13.8% | 38.3% | 55.5% | 13.5% |
| Gross Margin % | 10.0% | 5.9% | 6.1% | 7.8% |
| SG&A | 1.48 | 1.42 | 1.43 | 1.08 |
| Operating Income | 4.17 | 1.67 | 1.62 | 2.97 |
| Operating Income YoY % | 18.6% | 121.9% | 214.3% | 30.0% |
| Operating Margin % | 7.4% | 3.2% | 3.2% | 5.7% |
| EBITDA | 5.36 | 2.87 | 2.82 | 4.14 |
| EBITDA Margin % | 9.5% | 5.5% | 5.6% | 7.9% |
| Interest Expense | 0.24 | 0.25 | 0.23 | 0.24 |
| Pretax Income | 4.28 | 1.63 | 1.58 | 2.73 |
| Tax Provision | 0.45 | 0.13 | 0.03 | 0.24 |
| Net Income | 3.84 | 1.50 | 1.55 | 2.49 |
| Net Income to Common | 2.88 | 0.81 | 0.90 | 1.39 |
| Net Margin % | 6.8% | 2.9% | 3.1% | 4.8% |
| Diluted EPS | $1.55 | $0.43 | $0.48 | $0.75 |
| Basic EPS | $1.55 | $0.43 | $0.48 | $0.75 |
| Diluted Avg Shares | 1.9 | 1.9 | 1.9 | 1.9 |
| Basic Avg Shares | 1.9 | 1.9 | 1.9 | 1.9 |
| LTM | 9/27/25 | 9/28/24 | 9/30/23 | 10/1/22 | |
|---|---|---|---|---|---|
| Total Revenue | 211.25 | 205.25 | 187.22 | 174.40 | 158.13 |
| Revenue YoY % | 2.9% | 9.6% | 7.4% | 10.3% | — |
| Gross Profit | 15.84 | 14.21 | 11.15 | 11.71 | 33.50 |
| Gross Profit YoY % | 11.5% | 27.4% | (4.7%) | (65.1%) | — |
| Gross Margin % | 7.5% | 6.9% | 6.0% | 6.7% | 21.2% |
| SG&A | 5.41 | 5.46 | 5.31 | 4.68 | 26.57 |
| Operating Income | 10.44 | 8.74 | 5.84 | 7.02 | 6.93 |
| Operating Income YoY % | 19.3% | 49.7% | (16.8%) | 1.4% | — |
| Operating Margin % | 4.9% | 4.3% | 3.1% | 4.0% | 4.4% |
| EBITDA | 15.19 | 13.42 | 5.87 | 7.05 | 6.96 |
| EBITDA Margin % | 7.2% | 6.5% | 3.1% | 4.0% | 4.4% |
| Interest Expense | 0.97 | 0.96 | 1.02 | 1.07 | 0.76 |
| Other Income / (Expense) | 0.76 | 0.85 | 0.76 | — | 3.64 |
| Pretax Income | 10.23 | 8.64 | 5.59 | 6.07 | 9.81 |
| Tax Provision | 0.85 | 0.62 | 0.29 | 0.65 | 0.76 |
| Net Income | 9.38 | 8.02 | 5.30 | 5.42 | 9.05 |
| Net Income to Common | 5.97 | 5.03 | 3.36 | 4.00 | 6.31 |
| Net Margin % | 4.4% | 3.9% | 2.8% | 3.1% | 5.7% |
| Diluted EPS | $3.21 | $2.71 | $1.81 | $2.15 | $3.40 |
| Basic EPS | $3.21 | $2.71 | $1.81 | $2.15 | $3.40 |
| Diluted Avg Shares | 1.9 | 1.9 | 1.9 | 1.9 | 1.9 |
| Basic Avg Shares | 1.9 | 1.9 | 1.9 | 1.9 | 1.9 |
| 3/28/26 | 12/27/25 | 9/27/25 | 6/28/25 | |
|---|---|---|---|---|
| Cash & Equivalents | 22.83 | 22.97 | 20.09 | 18.21 |
| Short-term Investments | — | — | — | 0.73 |
| Inventory | 6.95 | 7.07 | 6.92 | 7.13 |
| Other Current Assets | 4.63 | 3.00 | 3.58 | 4.22 |
| Total Current Assets | 34.41 | 33.05 | 30.59 | 30.29 |
| Net PPE | 81.88 | 82.06 | 82.69 | 83.07 |
| Operating Lease ROU | 25.50 | 24.13 | 24.82 | 25.11 |
| Intangible Assets | — | — | 0.04 | — |
| Long-term Investments | 0.36 | 0.33 | 0.32 | 0.32 |
| Other Assets | 2.62 | 2.50 | 2.16 | 1.91 |
| Total Assets | 144.76 | 142.07 | 140.62 | 140.69 |
| Current Debt | 1.60 | 1.60 | 1.48 | 1.45 |
| Current Lease Liabilities | 2.73 | 2.76 | 2.70 | 2.59 |
| Other Current Liabilities | 14.41 | 15.71 | 13.93 | 14.25 |
| Total Current Liabilities | 18.74 | 20.06 | 18.12 | 18.29 |
| Long-term Debt | 18.31 | 18.66 | 19.13 | 19.48 |
| Long-term Lease Liabilities | 24.53 | 23.09 | 23.79 | 24.16 |
| Other Liabilities | — | — | — | 0.50 |
| Total Liabilities | 62.06 | 62.29 | 61.53 | 62.43 |
| Retained Earnings | 68.36 | 65.49 | 64.69 | 63.79 |
| Total Equity | 82.70 | 79.78 | 79.10 | 78.27 |
| LTM | 9/27/25 | 9/28/24 | 9/30/23 | 10/1/22 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 22.83 | 20.09 | 21.40 | 25.53 | 42.14 |
| Inventory | 6.95 | 6.92 | 7.02 | 7.20 | 6.49 |
| Other Current Assets | 4.63 | 3.58 | 3.11 | 2.56 | 2.27 |
| Total Current Assets | 34.41 | 30.59 | 31.53 | 35.29 | 50.89 |
| Net PPE | 81.88 | 82.69 | 81.75 | 80.14 | 63.26 |
| Operating Lease ROU | 25.50 | 24.82 | 26.83 | 26.99 | 29.52 |
| Intangible Assets | — | 0.04 | 0.07 | 0.06 | 0.09 |
| Long-term Investments | 0.36 | 0.32 | 0.27 | 0.25 | 0.29 |
| Other Assets | 2.62 | 2.16 | 1.64 | 3.03 | 3.44 |
| Total Assets | 144.76 | 140.62 | 142.08 | 145.77 | 147.49 |
| Current Debt | 1.60 | 1.48 | 1.40 | 1.29 | 2.30 |
| Current Lease Liabilities | 2.73 | 2.70 | 2.47 | 2.38 | 2.25 |
| Other Current Liabilities | 14.41 | 13.93 | 16.06 | 18.69 | 17.62 |
| Total Current Liabilities | 18.74 | 18.12 | 19.92 | 22.37 | 22.18 |
| Long-term Debt | 18.31 | 19.13 | 20.51 | 21.83 | 23.09 |
| Long-term Lease Liabilities | 24.53 | 23.79 | 25.85 | 25.85 | 28.28 |
| Other Liabilities | — | — | — | 0.80 | 0.60 |
| Total Liabilities | 62.06 | 61.53 | 66.67 | 70.86 | 74.15 |
| Retained Earnings | 68.36 | 64.69 | 60.67 | 58.25 | 55.09 |
| Total Equity | 82.70 | 79.10 | 75.41 | 74.91 | 73.34 |
| 3/28/26 | 12/27/25 | 9/27/25 | 6/28/25 | |
|---|---|---|---|---|
| Net Income | 3.84 | 1.50 | 1.55 | 2.49 |
| D&A | 1.19 | 1.20 | 1.20 | 1.17 |
| Δ Working Cap & Other | — | 2.25 | 0.61 | (2.23) |
| Operating Cash Flow | — | 4.95 | 3.36 | 1.42 |
| CapEx | — | (0.47) | (0.93) | (3.18) |
| Other Investing | — | — | — | (0.56) |
| Investing Cash Flow | — | (0.89) | (0.44) | (3.73) |
| Debt Repayment | — | (0.35) | (0.32) | (0.33) |
| Dividends Paid | — | — | 0.00 | — |
| Other Financing | — | (0.84) | (0.72) | (2.12) |
| Financing Cash Flow | — | (1.19) | (1.04) | (2.45) |
| Free Cash Flow | — | 4.47 | 2.43 | (1.76) |
| LTM | 9/27/25 | 9/28/24 | 9/30/23 | 10/1/22 | |
|---|---|---|---|---|---|
| Net Income | 9.38 | 8.02 | 5.30 | 5.42 | 9.05 |
| D&A | 4.75 | 4.67 | 0.03 | 0.02 | 0.03 |
| Δ Working Cap & Other | — | (2.18) | 1.30 | 3.05 | 1.42 |
| Operating Cash Flow | — | 10.51 | 6.63 | 8.49 | 10.50 |
| CapEx | — | (5.83) | (3.44) | (13.18) | (4.02) |
| Acquisitions | — | — | — | — | (0.07) |
| Other Investing | — | — | (1.70) | (5.38) | (5.45) |
| Investing Cash Flow | — | (6.12) | (5.14) | (18.56) | (9.54) |
| Debt Issuance | — | — | — | — | 8.71 |
| Debt Repayment | — | (1.33) | (1.25) | (2.30) | (3.74) |
| Dividends Paid | — | (1.02) | (0.93) | (0.84) | (1.86) |
| Other Financing | — | (3.35) | (3.44) | (3.40) | 5.39 |
| Financing Cash Flow | — | (5.70) | (5.62) | (6.54) | 8.50 |
| Free Cash Flow | — | 4.68 | 3.19 | (4.69) | 6.49 |
| 3/28/26 | 12/27/25 | 9/27/25 | 6/28/25 | |
|---|---|---|---|---|
| Current Ratio | 1.84 | 1.65 | 1.69 | 1.66 |
| Quick Ratio | 1.47 | 1.29 | 1.31 | 1.27 |
| Debt / Equity | 0.75 | 0.78 | 0.78 | 0.80 |
| EBITDA Margin % | 9.5% | 5.5% | 5.6% | 7.9% |
| Working Capital | 15.67 | 12.98 | 12.47 | 12.00 |
| Net Debt | (4.52) | (4.30) | (0.96) | 1.27 |
| ROE % | 4.6% | 1.9% | 2.0% | 3.2% |
| ROA % | 2.7% | 1.1% | 1.1% | 1.8% |
| LTM | 9/27/25 | 9/28/24 | 9/30/23 | 10/1/22 | |
|---|---|---|---|---|---|
| Current Ratio | 1.84 | 1.69 | 1.58 | 1.58 | 2.29 |
| Quick Ratio | 1.47 | 1.31 | 1.23 | 1.26 | 2.00 |
| Debt / Equity | 0.75 | 0.78 | 0.88 | 0.95 | 1.01 |
| EBITDA Margin % | 7.2% | 6.5% | 3.1% | 4.0% | 4.4% |
| Working Capital | 15.67 | 12.47 | 11.61 | 12.92 | 28.72 |
| Net Debt | (4.52) | (0.96) | (0.89) | (3.70) | (19.05) |
| ROE % | 11.3% | 10.1% | 7.0% | 7.2% | 12.3% |
| ROA % | 6.5% | 5.7% | 3.7% | 3.7% | 6.1% |
Insider activity (last 2 years)
| Date Filed | Reporter | Relationship | Trans. Date | Code | Shares | Price | Total Value |
|---|---|---|---|---|---|---|---|
| 2026-05-22 | FLANIGAN JAMES II | Director, Officer (Chief Executive Officer) | 2026-05-19 | P | 76 | $31.46 | $2,391 |
| 2026-05-22 | FLANIGAN JAMES II | Director, Officer (Chief Executive Officer) | 2026-05-18 | P | 975 | $32.00 | $31,200 |
| 2026-05-22 | FLANIGAN JAMES II | Director, Officer (Chief Executive Officer) | 2026-05-18 | P | 924 | $31.50 | $29,106 |
| 2026-05-22 | FLANIGAN JAMES II | Director, Officer (Chief Executive Officer) | 2026-05-15 | P | 25 | $30.00 | $750 |
| 2026-01-02 | FLANIGAN JAMES II | Director, Officer (CEO, President) | 2025-12-29 | P | 866 | $30.00 | $25,980 |
| 2026-01-02 | FLANIGAN JAMES II | Director, Officer (CEO, President) | 2025-12-26 | P | 116 | $29.50 | $3,422 |
| 2026-01-02 | FLANIGAN JAMES II | Director, Officer (CEO, President) | 2025-12-26 | P | 18 | $29.75 | $536 |
| 2026-01-02 | FLANIGAN JAMES II | Director, Officer (CEO, President) | 2025-12-26 | P | 866 | $29.94 | $25,928 |
| 2025-05-30 | FLANIGAN JAMES II | Director, Officer (COO, President) | 2025-05-21 | P | 3,000 | $24.63 | $73,890 |
| 2025-05-30 | FLANIGAN JAMES II | Director, Officer (COO, President) | 2025-05-21 | P | 997 | $24.51 | $24,436 |
| 2025-05-30 | FLANIGAN JAMES II | Director, Officer (COO, President) | 2025-05-21 | P | 3,000 | $24.51 | $73,530 |
| 2025-05-30 | FLANIGAN JAMES II | Director, Officer (COO, President) | 2025-05-21 | P | 3 | $23.75 | $71 |
| 2025-05-30 | FLANIGAN JAMES II | Director, Officer (COO, President) | 2025-05-21 | P | 2,840 | $26.93 | $76,481 |
| 2025-05-30 | FLANIGAN JAMES II | Director, Officer (COO, President) | 2025-05-21 | P | 100 | $27.00 | $2,700 |
| 2025-05-30 | FLANIGAN JAMES II | Director, Officer (COO, President) | 2025-05-21 | P | 840 | $27.00 | $22,680 |
| 2025-05-30 | FLANIGAN JAMES II | Director, Officer (COO, President) | 2025-05-21 | P | 160 | $24.92 | $3,987 |
| 2025-05-30 | BUCCI AUGUST | Director, Officer (Chief Operating Off.) | 2025-05-21 | P | 2,000 | $26.73 | $53,460 |